| League Topscorer: | James Grady (15)[1] |
| Biggest Home Win: | Ayr United 6-0 Airdrieonians, 22.11.1997 |
| Biggest Away Win: | Stirling Albion 0-6 Falkirk, 03.01.1998 |
| Nextseason: | 1998–99 |
The 1997–98 Scottish First Division was won by Dundee who were promoted 5 points ahead of runner up Falkirk.
Promoted from First Division to Premier Division
Relegated from Premier Division to First Division
Promoted from Second Division to First Division
Relegated from First Division to Second Division
| width=30 | P | width=200 | Name | width=30 | Goals |
|---|---|---|---|---|---|
| 1 | James Grady (Dundee) | 15 | |||
| 2 | Alex Bone (Stirling Albion) | 13 | |||
| 3 | Eddie Annand (Dundee) | 12 | |||
| = | Brian McPhee (Airdrieonians) | 12 | |||
| = | David Moss (Falkirk) | 12 | |||
| 6 | Stephen Cooper (Airdrieonians) | 11 | |||
| 7 |  Laurent D'Jaffo (Ayr United) | 10 | |||
| = | Paul Hartley (Raith Rovers) | 10 | |||
| = | Warren Hawke (Morton) | 10 | |||
| = | Marino Keith (Falkirk) | 10 | |||